What do you need to mine Dogecoin? How to mine Dogecoin?

What do you need to mine Dogecoin? Dogecoin is a decentralized mining pool based on blockchain technology, which realizes cryptocurrency economy through smart contracts and on-chain data transactions.

Currently, there are two types of tokens on the market: DOGE:BTC, ETH, and DOGE. Mining projects on the BTC network include DogeCoin and DogeCash. Ethereum adopts a similar ERC20 protocol to support DOGE.

According to official introduction, users can obtain DOGE by purchasing Dogecoin and exchanging it for USDT or ETH. However, because Dogecoin does not have the same functions as Bitcoin, it needs to be transferred from Ethereum to Huobi Exchange first, and then transferred into the exchange as a reward to all accounts in order to obtain a large amount of DOGE.

How to mine Dogecoin

According to coinmarketcap data, Dogecoin has been priced at around $0.002 in the past 24 hours.

Dogecoin (DOGE) is an ERC-20 token based on the Ethereum network. It is very similar to DogeCoin (doge), a token used for gaming and rewarding community members. Therefore, the project aims to incentivize early adopters by creating an interoperable, decentralized financial system. How to mine? You first need to hand over your private key to the smart contract, and then you can transfer the digital assets in your wallet to the wallet of your choice. If you want to participate in mining with your private key, you need to have two addresses, and these three addresses must be possessed, so you need to deposit them into the exchange first. Secondly, you need to withdraw all funds from the wallet and set up a stop-loss program. Finally, you must use Metamask or other browser plugins.